NEW ORLEANS, June 4, 2014 /PRNewswire/ -- Former Attorney
General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of
Kahn Swick & Foti, LLC ("KSF") are investigating the proposed
sale of LSB Financial Corporation ("LSB" or the "Company") (NASDAQ
GM: LSBI) to Old National Bancorp ("Old National") (NASDAQ GS:
ONB). Under the terms of the proposed transaction,
shareholders of LSB will receive only $10.63 in cash and 2.269 shares of Old National
common stock for each share of LSB common stock that they
own. Based upon the June 3,
2014, closing price of $13.68
per share of Old National common stock, the transaction is valued
at approximately $41.67 per share of
LSB common stock. KSF is seeking to determine whether this
consideration and the process that led to it are adequate, or
whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company
and/or if you would like to discuss your legal rights regarding the
proposed sale, you may, without obligation or cost to you, e-mail
or call KSF Managing Partner Lewis S. Kahn
(lewis.kahn@ksfcounsel.com) or associate Michael J. Palestina
(michael.palestina@ksfcounsel.com) toll free at any time at
855-768-1857.
To learn more about KSF, whose partners include the Former
Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
206 Covington St.
Madisonville, LA 70447
SOURCE Kahn Swick & Foti, LLC